Is Polysil Irrigati technically bullish or bearish?

Oct 24 2025 08:17 AM IST
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As of October 23, 2025, the trend is mildly bullish due to supportive weekly MACD and KST indicators, but mixed signals from RSI readings and Dow Theory suggest caution due to underlying weakness.
As of 23 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, which are both bullish. The daily moving averages also support this bullish sentiment. However, the weekly and monthly RSI readings are bearish, indicating some weakness in momentum. The Bollinger Bands show a mildly bullish trend on the weekly chart and bullish on the monthly chart, providing additional support. Dow Theory indicates a bullish monthly trend, while the weekly shows no trend. Overall, the mixed signals suggest a cautious bullish outlook with some underlying weakness.
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